I can't believe they did not publish this change on the site or better update the IDE's files. Only clue was a tiny sticker saying "328" on the mini. But that actually covered the processor so it took me some time to figure out that actually represented the processor type! This cost me half a day of development time...

But thank's a million for the solution or I would still be breaking my head over this.

I have the exact same error that daniel_melo is getting. I updated boards.txt with the new profile. No luck. FTDI and Arduino IDE are up to date, have power, etc.

This is such bull. On the bright side I think this might be the Arduino FAIL that pushes me over the edge. Time to learn to use PICs instead of wasting time and money on a company that doesn't give a shit.